UAE Court Convicts Man for Forging Documents to Make Bank Pay Dh882,000

A man has been convicted by a federal court after orchestrating an elaborate forgery scheme that convinced a UAE bank to clear more than Dh882,000 of his debts with two other financial institutions.

Court documents reveal that the defendant applied for a debt-purchase facility using a falsified salary certificate claiming a monthly income exceeding Dh50,000, along with an annual housing lease approval valued at Dh190,000. Both documents appeared to come from a government entity and were stamped and signed to look genuine.

Investigations later found that he had also altered the debt-purchase application itself, boosting his reported income to over Dh56,000 and signing using a forged signature -- despite earning far less in reality.

Trusting the authenticity of the paperwork, the bank processed the request and settled his outstanding dues. It was only after the payments were made that the bank discovered the entire file was built on forged information.

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